TY - JOUR
T1 - UK growth and productivity in an international perspective
T2 - Evidence from EU KLEMS
AU - O'Mahony, M.
AU - Robinson, C.
PY - 2007/4/1
Y1 - 2007/4/1
N2 - The productivity performance of the UK relative to its major competitors has been a concern for much of the postwar period. There is a general perception that, in recent years, its position has improved, however, most work stops short of the period in question. Newly constructed data from the EU KLEMS productivity and growth accounts database provides an insight into UK productivity performance and that of its major competitors. This paper provides an overview of recent UK performance relative to France, Germany and the US and finds that the UK has seen a rise in output and employment growth since 1995. Growth has been particularly strong in ICT producing sectors and market service sectors. With this in mind, there are perhaps some grounds for optimism for the future of productivity growth in the UK.
AB - The productivity performance of the UK relative to its major competitors has been a concern for much of the postwar period. There is a general perception that, in recent years, its position has improved, however, most work stops short of the period in question. Newly constructed data from the EU KLEMS productivity and growth accounts database provides an insight into UK productivity performance and that of its major competitors. This paper provides an overview of recent UK performance relative to France, Germany and the US and finds that the UK has seen a rise in output and employment growth since 1995. Growth has been particularly strong in ICT producing sectors and market service sectors. With this in mind, there are perhaps some grounds for optimism for the future of productivity growth in the UK.
UR - http://www.scopus.com/inward/record.url?eid=2-s2.0-84992885901&partnerID=MN8TOARS
U2 - 10.1177/0027950107080391
DO - 10.1177/0027950107080391
M3 - Article
VL - 200
SP - 79
EP - 86
JO - National Institute Economic Review
JF - National Institute Economic Review
ER -